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RocketBoots Ltd. (AU:ROC)
ASX:ROC
Australian Market

RocketBoots Ltd. (ROC) AI Stock Analysis

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AU:ROC

RocketBoots Ltd.

(Sydney:ROC)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
AU$0.29
▼(-32.33% Downside)
Action:ReiteratedDate:01/16/26
The score is held back primarily by weak financial performance (declining revenue, worsening losses, and sustained cash burn), partially offset by strong technical momentum (price above major moving averages with positive MACD). Valuation is also a headwind because losses produce a negative P/E and no dividend yield is available in the data.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces refinancing and interest-rate risk and lowers fixed financial costs. Over the next several months this durable capital-structure advantage preserves liquidity, extends runway versus peers with leverage, and supports strategic flexibility while operating losses are addressed.
Equity restoration & asset expansion
Return to positive equity and a larger asset base indicate balance-sheet repair and improved financial flexibility. This structural recovery makes it easier to raise capital on better terms, invest in product or sales capacity, and absorb shocks over a multi-month horizon without immediate solvency stress.
Software industry exposure
Operating in the Software - Application sector provides structural advantages like scalable unit economics and recurring revenue potential. Long-term demand for software solutions supports recovery opportunities, enabling durable margin expansion if product-market fit or go-to-market execution improves over the coming months.
Negative Factors
Recent revenue decline and worsening margins
A material revenue drop coupled with deeply negative gross profit signals fundamental demand, pricing, or cost issues. This deterioration erodes operating leverage and sustainability of the business model, meaning management must deliver structural revenue or cost fixes to restore profitability within a few quarters.
Persistent negative cash flow
Consistently negative operating and free cash flows create ongoing cash burn, forcing reliance on external financing or reserves. Over a 2–6 month horizon this undermines the company's ability to self-fund growth, increases dilution risk if capital is raised, and constrains investment in product or sales recovery initiatives.
Weak returns despite balance-sheet repair
Although equity has recovered, persistent net losses keep ROE and other return metrics weak. Without a sustained profit turnaround, balance-sheet gains are fragile; investors and creditors may reassess support if profitability does not improve within several quarters, risking future funding difficulty.

RocketBoots Ltd. (ROC) vs. iShares MSCI Australia ETF (EWA)

RocketBoots Ltd. Business Overview & Revenue Model

Company DescriptionRocketBoots Limited offers computer vision-based machine learning applications. The company offers BeeHive applications for retail and retail banking sectors comprising Beehive Dance for workforce scheduling; Beehive Sting for fraud and loss prevention; Beehive Swarm for property and space optimization; Beehive Recognition for protecting assets and identifying threats from organized retail crime and repeat offenders through license plate and facial recognition; and Beehive Basics for physical-world activity data gathering, including population counts, foot traffic directions, and queue wait times. RocketBoots Limited was founded in 2004 and is based in Sydney, Australia.
How the Company Makes MoneyRocketBoots Ltd. generates revenue through the sale of its proprietary mobility devices, primarily the RocketBoots. The company employs a direct-to-consumer sales model via its online platform, as well as retail partnerships with specialty sporting goods stores. Additionally, RocketBoots Ltd. offers subscription-based maintenance and upgrade services, ensuring that users have access to the latest technological advancements and support. The company also engages in strategic partnerships with aerospace and defense organizations, providing customized solutions for specialized applications, which further contributes to its revenue streams.

RocketBoots Ltd. Financial Statement Overview

Summary
Financial fundamentals are weak: revenue declined materially most recently and profitability deteriorated with deeply negative gross profit and wider losses. Cash flow is a major drag with consistently negative operating and free cash flow, implying ongoing cash burn. The main offset is a cleaner balance sheet with no debt and a return to positive equity in 2025, but losses continue to pressure returns.
Income Statement
18
Very Negative
Revenue has been volatile and is down materially most recently (2025 revenue declined ~28% YoY after modest growth in 2024). Profitability is weak and deteriorated in 2025, with gross profit turning deeply negative and losses widening (net margin roughly -6.8% in 2025 vs. ~-4.0% in 2024). The main positive is that losses were smaller in earlier years (2020–2022) than the more recent period, but the overall trajectory shows limited operating leverage and inconsistent top-line momentum.
Balance Sheet
44
Neutral
The company reports zero total debt in recent years (2021–2025), which reduces refinancing and interest-rate risk. Equity has improved from negative levels in 2024 to positive in 2025, indicating balance-sheet repair; however, returns on equity remain poor due to ongoing losses (notably negative in 2025 and 2023). Total assets expanded sharply in 2025 versus 2024, which helps financial flexibility, but persistent losses remain a key risk to sustaining equity over time.
Cash Flow
20
Very Negative
Cash generation remains pressured: operating cash flow and free cash flow are negative across all periods shown (2020–2025), with a sizable outflow in 2025. While free cash flow improved year-over-year in 2025 (positive growth rate) and free cash flow tracks net loss closely, the business is still consuming cash rather than funding itself internally. The continued reliance on external funding (or cash reserves) is the main weakness.
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue680.85K729.95K532.65K640.55K675.56K
Gross Profit-1.74M-1.72M-1.75M447.28K-811.35K
EBITDA-4.64M-2.94M-2.92M-2.07M-1.09M
Net Income-4.65M-2.95M-2.61M-1.56M-1.10M
Balance Sheet
Total Assets2.57M651.34K1.76M4.05M5.35M
Cash, Cash Equivalents and Short-Term Investments2.47M555.79K1.64M3.90M3.29K
Total Debt0.000.000.000.000.00
Total Liabilities1.28M1.37M1.26M1.03M728.00K
Stockholders Equity1.30M-719.49K504.60K3.01M4.62M
Cash Flow
Free Cash Flow-3.35M-2.81M-2.26M-1.13M-1.36M
Operating Cash Flow-3.32M-2.79M-2.22M-1.13M-1.36M
Investing Cash Flow-22.54K-13.28K-40.47K-2.00K0.00
Financing Cash Flow5.25M1.72M0.005.02M1.20M

RocketBoots Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.43
Price Trends
50DMA
0.35
Negative
100DMA
0.25
Positive
200DMA
0.17
Positive
Market Momentum
MACD
-0.02
Positive
RSI
38.92
Neutral
STOCH
18.61
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ROC, the sentiment is Neutral. The current price of 0.43 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.35, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.92 is Neutral, neither overbought nor oversold. The STOCH value of 18.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ROC.

RocketBoots Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
51
Neutral
AU$58.24M-7.20-1615.38%-9.50%11.67%
49
Neutral
AU$77.79M-8.00
48
Neutral
AU$30.75M-102.50-3.14%2.98%93.55%
48
Neutral
AU$31.35M-6.80-31.01%-3.43%-40.65%
46
Neutral
AU$8.11M-0.79-133.07%-4.90%-52.78%
43
Neutral
AU$7.60M-26.58%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ROC
RocketBoots Ltd.
0.29
0.19
198.97%
AU:PRO
Prophecy International Holdings Ltd
0.11
-0.35
-75.82%
AU:VIG
Victor Group Holdings Ltd
0.04
-0.01
-25.45%
AU:AMX
Aerometrex Ltd.
0.33
0.04
13.79%
AU:SIS
Simble Solutions Ltd.
AU:NVU
Nanoveu Ltd.
0.07
0.03
56.52%

RocketBoots Ltd. Corporate Events

RocketBoots Posts Deeper Half-Year Loss Despite Modest Revenue Growth
Feb 27, 2026

RocketBoots Limited reported a modest 1.86% increase in revenue to A$370,311 for the half-year ended 31 December 2025, but the company’s net loss widened sharply to A$2,359,974 compared with the prior corresponding period. Net tangible assets per share fell to negative 1.087 cents, underlining balance sheet pressure, and the board did not declare any dividend for the period, indicating an ongoing priority on funding operations and continued execution of its AI and cloud-based SaaS strategy.

The half-year result highlights the strain of scaling RocketBoots’ AI-driven SaaS platform for retailers and banks, as revenue growth has not yet translated into profitability or asset strength. With losses deepening despite continued commercial rollout, investors and stakeholders will be focused on whether the company can convert its technology and market positioning into sustainable earnings while managing capital needs and maintaining customer traction.

The most recent analyst rating on (AU:ROC) stock is a Sell with a A$0.30 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Lands Transformational Global Retail Contract as Sales Pipeline Strengthens
Jan 30, 2026

RocketBoots has reported a transformative December 2025 quarter, highlighted by a A$9.1 million annual recurring revenue contract with a tier-one multinational retailer to deploy its AI-driven loss prevention software across about 40% of the customer’s global store network under a five-year agreement, a deal the company says could increase ARR tenfold and underpins its international expansion strategy. The company also converted a trial with a retail banking customer into a Stage A rollout of its workforce and customer experience software, secured A$7.025 million in new capital to fund growth, and continues to advance a sizeable global sales pipeline that includes multiple advanced opportunities of similar scale to the new flagship retail contract, reinforcing its positioning as a specialist AI provider to large retailers and banks.

The most recent analyst rating on (AU:ROC) stock is a Sell with a A$0.40 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Issues 1 Million New Shares Following Option Conversion
Jan 28, 2026

RocketBoots Limited has issued 1,000,000 fully paid ordinary shares following the conversion of unlisted options and has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001 to permit secondary trading of these shares without a prospectus. The company confirmed it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information requiring disclosure, ensuring regulatory clarity for investors and supporting liquidity in its securities on the ASX.

The most recent analyst rating on (AU:ROC) stock is a Sell with a A$0.40 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Seeks ASX Quotation for 1 Million New Ordinary Shares
Jan 28, 2026

RocketBoots Ltd., listed on the ASX under the code ROC, has applied for quotation of an additional 1,000,000 ordinary fully paid shares. The newly issued shares, dated 28 January 2026, arise from the exercise or conversion of existing options or other convertible securities and will expand the company’s quoted capital base, potentially affecting liquidity and ownership structure for current and prospective shareholders.

The most recent analyst rating on (AU:ROC) stock is a Sell with a A$0.40 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Issues 500,000 New Shares Following Option Conversion
Jan 16, 2026

RocketBoots Limited has issued 500,000 fully paid ordinary shares following the conversion of unlisted options, with the new securities being released without a prospectus under existing exemptions in the Corporations Act. By lodging a cleansing notice, the company confirms ongoing compliance with its financial reporting and continuous disclosure obligations and enables secondary trading of the new shares, a routine capital markets move that modestly expands its share base while signalling regulatory conformity to investors.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Seeks ASX Quotation for 500,000 New Ordinary Shares
Jan 16, 2026

RocketBoots Limited has applied for quotation of 500,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 16 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share base and may incrementally enhance market liquidity and broaden its investor holdings, though the announcement does not disclose further operational or strategic implications.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Clears 24 Million-Share Placement for Secondary Trading
Jan 13, 2026

RocketBoots Limited has issued 24 million fully paid ordinary shares as part of a previously announced A$7 million placement to new and existing shareholders, aimed at supporting the company’s international expansion plans. The company has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, confirming that the shares were issued without a prospectus, that it is compliant with its continuous disclosure and financial reporting obligations, and that there is no excluded information, thereby enabling secondary trading of the new shares without further disclosure and providing greater liquidity and flexibility for investors.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Seeks ASX Quotation for 24 Million New Shares
Jan 13, 2026

RocketBoots Ltd., listed on the ASX under the code ROC, has applied for quotation of 24 million new fully paid ordinary shares. The newly issued securities, effective 13 January 2026, stem from previously disclosed transactions and will expand the company’s quoted share base, potentially affecting liquidity and ownership structure for existing and prospective investors.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Plans Placement of Up to 100,000 New Shares
Jan 13, 2026

RocketBoots Limited has notified the ASX of a proposed issue of up to 100,000 ordinary fully paid shares under a placement or similar type of capital raising, with the issue scheduled for 13 January 2026. The modest equity issue signals an incremental capital-raising move that may support the company’s ongoing funding needs while marginally diluting existing shareholders, and underscores RocketBoots’ continued use of public markets to finance its operations.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Slightly Upsizes Equity Placement to A$7.025m
Jan 13, 2026

RocketBoots Limited has made a minor adjustment to its previously announced equity placement, increasing the total offer by 100,000 shares to 28.1 million new fully paid ordinary shares at A$0.25 each, lifting the gross proceeds to approximately A$7.025 million. The additional shares will be issued under the company’s existing placement capacity on the ASX, with the new stock ranking equally with existing shares, and a director still slated to participate in the raise subject to shareholder approval; the company confirmed there is no material change to the intended use of funds or other terms of the placement, signalling continuity in its capital-raising plans to support its international expansion strategy.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Blames Administrative Oversight for Late Director Interest Notice
Jan 8, 2026

RocketBoots Limited has responded to an ASX Compliance query regarding the late lodgement of an Appendix 3Y notice for director David Willington, explaining that the delay stemmed from an administrative oversight during a restructuring of his private entity’s holdings that was not initially disclosed to the company. The director’s interest change, which occurred in September 2025 but was only identified during a December 2025 quarterly review, has prompted his private entity to adopt new policies to ensure timely disclosure, while RocketBoots has reiterated that it views the matter as an isolated incident, has reminded all directors of their obligations under ASX Listing Rules, and maintains that its existing internal compliance arrangements remain adequate.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Director Restructures Indirect Equity Interests via Unlisted Options
Jan 5, 2026

RocketBoots Ltd has disclosed a change in director David Willington’s indirect interests, following an internal restructuring of holdings associated with Bombora Investment Management. Through Almonta Nominees Pty Ltd as trustee for Almonta Capital Trust, of which he is a beneficiary, Willington has been allotted a total of 1,000,002 unlisted options across three series, with exercise prices ranging from A$0.12 to A$0.18 and expiring on 18 December 2029, for a nominal non-cash consideration of A$3.00. The move reflects a reorganisation rather than a market transaction, signalling an adjustment in the structure of the director’s exposure to RocketBoots’ equity without any disposal of securities.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

RocketBoots Issues 4 Million Shares Under Placement to Back International Expansion
Dec 30, 2025

RocketBoots Limited has issued 4,000,000 fully paid ordinary shares via a placement to an existing shareholder, as part of a previously flagged $7 million capital raising to support the company’s international expansion plans. The company has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, confirming the shares were issued without a prospectus, that it remains compliant with its continuous disclosure and financial reporting obligations, and that there is no excluded information, thereby ensuring the new securities can be freely traded and providing regulatory clarity and comfort to investors participating in or affected by the placement.

RocketBoots Seeks ASX Quotation for 4 Million New Ordinary Shares
Dec 30, 2025

RocketBoots Ltd has applied to the ASX for quotation of 4 million new ordinary fully paid shares under the code ROC, with an issue date of 30 December 2025. The move expands the company’s quoted securities on market and may support additional capital access and liquidity for shareholders, although the announcement provides no further details on the underlying transaction beyond noting it was previously flagged in an Appendix 3B.

RocketBoots Plans Placement of Up to 28 Million New Shares
Dec 24, 2025

RocketBoots Limited has notified the ASX of its intention to issue up to 28 million new fully paid ordinary shares via a placement, with a proposed issue date of 13 January 2026. The capital raising, detailed in an Appendix 3B filing, signals the company’s plan to expand its equity base, which may have implications for existing shareholder dilution while potentially providing additional funding capacity for future operational or strategic initiatives.

RocketBoots Raises A$7m to Fund Global AI Expansion After Major Retail Contract Win
Dec 24, 2025

RocketBoots Limited has secured firm commitments to raise A$7 million through a placement of 28 million new shares at A$0.25 each, attracting strong demand from new and existing sophisticated investors, including four new institutional investors, with a director also set to participate subject to shareholder approval. The funds will be directed towards accelerating the company’s international expansion following a recently announced A$9.1 million annual recurring revenue global contract with a tier-one retailer, scaling its global team, upgrading its technology architecture to improve margins, converting its enterprise sales pipeline and supporting working capital needs, moves that collectively are intended to strengthen RocketBoots’ growth trajectory and competitive position in the global AI loss-prevention market.

RocketBoots Requests Trading Halt Ahead of Material Capital Raising
Dec 22, 2025

RocketBoots Limited has requested an immediate trading halt of its securities on the ASX as it prepares to announce a material capital raising. The halt, granted under ASX Listing Rule 17.1, will remain in place until either the capital-raising announcement is released or normal trading commences on 24 December 2025, signaling that the company is likely pursuing a significant funding initiative that could affect its capital structure and be price-sensitive for investors.

RocketBoots Wins Major Global AI SaaS Contract with Retail Giant
Dec 18, 2025

RocketBoots Limited has secured a transformative five-year, A$9.1 million annual recurring revenue (ARR) contract with a leading multinational retailer to deploy its AI-driven loss-prevention platform across 40% of the customer’s global store network. This agreement represents a significant step in RocketBoots’ international expansion and positions the company as a global player in the rapidly growing retail AI sector. The deal highlights the competitiveness of RocketBoots’ proprietary technology and provides a robust foundation for further expansion, with the potential to scale to the retailer’s remaining stores, reinforcing the company’s market position and growth prospects.

RocketBoots Ltd. Initiates Trading Halt Ahead of Major Contract Announcement
Dec 16, 2025

RocketBoots Limited has requested a trading halt on its securities pending the announcement of a new material customer contract. This move indicates a potentially significant development for the company, which could impact its market positioning and stakeholder interests. The trading halt will remain in effect until the announcement is made or until normal trading resumes on 19 December 2025.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 16, 2026